In a major achievement, Uttar Pradesh’s economy has more than doubled, rising from Rs 12.88 lakh crore in 2017 to Rs 27.51 lakh crore today, all without raising taxes.
“Car purchases in India are largely limited to the top 12% of households with an annual income exceeding Rs12 lakh, while even small cars have become unaffordable for the remaining 88%."
India’s services sector, long the linchpin of its economic dynamism, is showing signs of moderation.
India will remain the fastest growing economy among the advanced and emerging G-20 countries and the large size of its domestic market makes the country less vulnerable to potential shocks from US tariff policy.
In its Economic Outlook for Asia-Pacific (APAC), S&P said that despite these external strains, it expects domestic demand momentum to remain solid in most emerging-market economies.
In the realm of safety, regulatory, and policy considerations, fostering a hydrogen economy is imperative as safety serves as the linchpin for its promotion.
As the sun sets over Sudan, the shadows cast by faltering peace talks and escalating conflict paint a grim picture of a nation teetering on the brink.
Mr Goyal was speaking at an event in the national capital underlining key indicators such as foreign exchange reserves and inflation rates.
Dips will be bought by FIIs who have emerged as sustained buyers. The continuous decline in US bond yields (the 10-year yield is now below 4.20 per cent) will ensure FII buying, he said.
The Rajya Sabha is likely to continue the discussion, initiated on Tuesday, on the prevailing economic situation in the country, as the Parliament convenes on Day 3 of the ongoing Winter Session on Wednesday.
